LBM Cover Real Estate Issue (2013Q2), Portrait of North Lawrence (2018Q4) and Portrait of East Lawrence (2020Q2) Lawrence Venture Park (2014Q2), Train track in East Lawrence (2020Q2) and Jeff Hatfield, owner of Larry A. Hatfield Appraisals (2012Q2)
Ten Years in Real Estate – by Emily Mulligan, photos by Steven Hertzog
The real estate market in Lawrence has gone through a process of change in the last 10 years that’s inexplicable to many in the industry.
Let’s all clear our hindsight vision. Look back through the haze of this past 18 months and get a full picture of real estate and development the past decade in Lawrence. This 10-year period, 2011 through 2021, in Lawrence’s history may just have some of what could become the largest and most impactful events and developments for the city as a whole ever. Places that will exist for decades to come, decisions and intentions that will forever leave imprints, and, of course, outside forces that permanently have wound their way into the city’s fabric.
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2011 to 2015 Local experts agree it took about six or seven years for local residential real estate and development to recover fully from the 2008 market crash. “Lawrence has mirrored what has gone on in the country as a whole and has done a good job of trying to control uncontrolled growth since the recession in 2008,” says Jeff Hatfield, owner of Larry A. Hatfield Appraisals.
